Common use of Franchise Fee Clause in Contracts

Franchise Fee. A. The Grantee shall pay to the Franchising Authority a franchise fee of five percent (5%) of annual Gross Revenues (as defined in subsection 1.1 of this Franchise). In accordance with the Cable Act, the twelve (12) month period applicable under the Franchise for the computation of the franchise fee shall be a calendar year. The franchise fee payment shall be due annually and payable within 90 days after the close of the preceding calendar year. Each payment shall be accompanied by a brief report prepared by a representative of the Grantee showing the basis for the computation.

Franchise Fee. A. The Grantee shall pay to the Franchising Authority a franchise fee of five percent (5%) of annual Gross Revenues (as defined in subsection 1.1 of this FranchiseFranchise Agreement). In accordance with the Cable Act, the twelve (12) month period applicable under the Franchise for the computation of the franchise fee shall be a calendar year. The franchise fee payment shall be due annually quarterly and payable within 90 60 days after the close of the preceding calendar year. Each payment shall be accompanied by a brief report prepared by a representative of the Grantee showing the basis for the computation.

Franchise Fee. A. The Grantee shall pay to the Franchising Authority a franchise fee of equal to five percent (5%) of annual Gross Revenues (as defined in subsection Section 1.1 of this Franchise). In accordance with the Cable Act, the twelve (12) -month period applicable under the Franchise for the computation of the franchise fee shall be a calendar year. The franchise fee payment shall be due annually quarterly and payable within 90 forty-five (45) days after the close of the preceding calendar yearquarter. Each payment shall be accompanied by a brief report prepared by a representative of the Grantee showing the basis for the computation.

Franchise Fee. A. The Grantee shall pay to the Franchising Authority a franchise fee of five three percent (53%) of annual Gross Revenues (as defined in subsection 1.1 of this Franchise). In accordance with the Cable Act, the twelve (12) month period applicable under the Franchise for the computation of the franchise fee shall be a calendar year. The franchise fee payment shall be due annually and payable within 90 ninety (90) days after the close of the preceding calendar year. Each payment shall be accompanied by a brief report prepared by a representative of the Grantee showing the basis for the computation.